Analysts Issue Forecasts for Chesapeake Financial Shares, Inc.’s Q2 2024 Earnings (OTCMKTS:CPKF)

Chesapeake Financial Shares, Inc. (OTCMKTS:CPKF) – Equities researchers at Zacks Small Cap issued their Q2 2024 earnings per share (EPS) estimates for Chesapeake Financial Shares in a research report issued to clients and investors on Tuesday, April 23rd. Zacks Small Cap analyst A. Heffron anticipates that the bank will post earnings of $0.54 per share for the quarter. The consensus estimate for Chesapeake Financial Shares’ current full-year earnings is $2.60 per share. Zacks Small Cap also issued estimates for Chesapeake Financial Shares’ Q3 2024 earnings at $0.57 EPS and Q4 2024 earnings at $0.54 EPS.

Chesapeake Financial Shares Price Performance

Shares of Chesapeake Financial Shares stock opened at $17.20 on Thursday. Chesapeake Financial Shares has a twelve month low of $16.25 and a twelve month high of $21.65. The stock has a market capitalization of $81.17 million, a P/E ratio of 8.82 and a beta of 0.46. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.26. The business’s fifty day moving average price is $17.72 and its 200 day moving average price is $17.88.

Chesapeake Financial Shares (OTCMKTS:CPKF) last issued its earnings results on Tuesday, April 23rd. The bank reported $0.58 earnings per share for the quarter. Chesapeake Financial Shares had a return on equity of 10.01% and a net margin of 10.68%. The firm had revenue of $15.78 million for the quarter.

About Chesapeake Financial Shares

Chesapeake Financial Shares, Inc operates as the bank holding company for Chesapeake Bank that provides various banking products and services for individuals and businesses in the United States. The company accepts interest and noninterest checking, savings, and money market accounts; and variable-rate and fixed-term money market accounts, as well as certificates of deposit.